Rust is never a good thing, especially when it comes to four wheels. It’s something Toyota is getting a not so pleasant reminder of right now, after agreeing to pay $3.4 billion to fix rusted out pickups and SUVs.
The proposed settlement would end a class action lawsuit brought by a group of Toyota pickup and SUV owners. They filed suit claiming serious corrosion issues due to inadequate rust protection. Basically they alleged their cars were rusting out and jeopardizing structural integrity.
The settlement, which comes after months of negotiations, involves about 1.5 million Tacoma and Tundra pickups along with Sequoia SUVs. The model years are below.
While Toyota is agreeing to the proposed settlement, the automaker isn’t admitting liability or wrongdoing.
Under the settlement terms, Toyota will inspect the vehicles for 12 years from the day they were first sold or leased to determine whether frames need to be replaced. It will fix frames for free and reimburse owners who previously paid for frame replacement.